Figs (FIGS) Operating Expenses (2020 - 2026)
Figs (FIGS) reported Operating Expenses of $103.8 million for Q1 2026, up 22.61% year-over-year from $84.7 million in Q1 2025, and down 4.1% on a QoQ basis from $108.3 million in Q4 2025.
Figs (FIGS) has 7 years of Operating Expenses data on file, last reported at $103.8 million in Q1 2026.
- Quarterly Operating Expenses rose 22.61% year-over-year to $103.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $400.8 million (up 6.51% YoY) and the FY2025 annual result came in at $381.7 million, up 2.23% from the prior year.
- Operating Expenses eased to $103.8 million in Q1 2026 per FIGS's latest filing, from $108.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $108.3 million in Q4 2025 and bottomed at $64.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $89.5 million (2023), against an average of $89.3 million.
- Peak annual rise in Operating Expenses reached 39.71% in 2022, while the deepest fall reached 27.6% in 2022.
- Tracing FIGS's Operating Expenses over 5 years: stood at $95.6 million in 2022, then decreased by 12.51% to $83.6 million in 2023, then gained by 11.56% to $93.3 million in 2024, then advanced by 16.04% to $108.3 million in 2025, then dropped by 4.1% to $103.8 million in 2026.
- Per Business Quant, the three latest FIGS Operating Expenses figures stand at $103.8 million (Q1 2026), $108.3 million (Q4 2025), and $96.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 1.19 Bn |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | 879.60 Mn |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | 2.10 Bn |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | 1.22 Bn |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 896.96 Mn |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 357.14 Mn |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | 517.73 Mn |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 103.82 Mn |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | 70.31 Mn |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | -182.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 103.82 Mn |
| Dec 31, 2025 | 108.26 Mn |
| Sep 30, 2025 | 96.43 Mn |
| Jun 30, 2025 | 92.33 Mn |
| Mar 31, 2025 | 84.67 Mn |
| Dec 31, 2024 | 93.30 Mn |
| Sep 30, 2024 | 102.66 Mn |
| Jun 30, 2024 | 95.71 Mn |
| Mar 31, 2024 | 81.69 Mn |
| Dec 31, 2023 | 83.63 Mn |
| Sep 30, 2023 | 87.44 Mn |
| Jun 30, 2023 | 89.47 Mn |
| Mar 31, 2023 | 82.38 Mn |
| Dec 31, 2022 | 95.59 Mn |
| Sep 30, 2022 | 79.62 Mn |
| Jun 30, 2022 | 76.90 Mn |
| Mar 31, 2022 | 64.69 Mn |
| Dec 31, 2021 | 73.57 Mn |
| Sep 30, 2021 | 64.15 Mn |
| Jun 30, 2021 | 106.21 Mn |
| Mar 31, 2021 | 46.30 Mn |
| Dec 31, 2020 | 51.29 Mn |
| Sep 30, 2020 | 32.06 Mn |
| Jun 30, 2020 | 28.66 Mn |